AMZN

Nasdaq

AMAZON COM INC

Consumer Discretionary, Broadline Retail

$274.48

close 7 Aug 2026

+24.03%

52-week change

$2.96T

market cap

$196.00

$287.16

52-week range

Expected price

$566.04 – $691.82

Current price

$274.48

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)22.08x

P/S (TTM)3.82x

P/B5.37x

EV/EBITDA (TTM)17.84x

FCF yield (TTM)-0.39%

PEG (TTM, GAAP)—

Context

P/E, own 5-year average67.45x

P/E, sector median22.78x*

Price at 5-year median P/E$639.47*

Forward — analyst consensus

Forward P/E (FY2026)22.40x*

Forward P/E (FY2027)26.25x

Forward PEG—*

Consensus EPS FY2026 (52 analysts)$12.26

EPS growth (FY2026→FY2027)-14.68%

Revenue growth (FY2026)15.52%

Street view

Price target (mean)$325.81*

Target upside18.70%

Ratings (buy / hold / sell)59 / 2 / 0

FY2026 EPS revisions, 30d (up / down)5 / 5

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Jun 2026, filed 31 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR -21.57%10Y CAGR +0.32%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$274.48

Cash & equivalents$78.21B

Total debt$132.22B

Shares outstanding10.78B

Result

DCF price per share-$8.94

Current price$274.48

Margin of safety-103.26%

PV of years 1–10-$31.56B

PV of terminal value-$10.77B

Equity value-$96.35B

Market-implied growth—

The base free cash flow is not positive; growing a negative flow is rarely a meaningful valuation.

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	-$9.30B	-$7.44B	-$5.95B	-$4.76B	-$3.81B	-$3.05B	-$2.44B	-$1.95B	-$1.56B	-$1.25B	-$23.26B
PV	-$8.61B	-$6.38B	-$4.72B	-$3.50B	-$2.59B	-$1.92B	-$1.42B	-$1.05B	-$780.53M	-$578.17M	-$10.77B

period to 30 Jun 2026, filed 31 Jul 2026, close 7 Aug 2026